X0202 4 2008-03-03 0 0000886346 KADANT INC KAI 0001251663 MCKENNEY MICHAEL J ONE TECHNOLOGY PARK DRIVE WESTFORD MA 01886 0 1 0 0 VICE PRESIDENT Common Stock 5375 D Restricted Stock Unit 0 2008-03-03 4 A 0 3500 0 A 2011-01-01 Common Stock 3500 3500 D Includes 1,025 shares acquired in an exempt transaction pursuant to the Issuer?s ESPP on December 31, 2007. Each Restricted Stock Unit (?RSU?) represents the right to receive one share of the issuer?s common stock. The RSU vests on 1/1/2011, provided that the issuer meets certain performance requirements and the reporting person remains employed by the issuer through the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount. by Sandra L. Lambert for Michael J. McKenney 2008-03-05